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Union Budget 2022: Roads get lion's share of allocation in FY23

Investments in NHAI were more than doubled to Rs 1.34 trillion, against Rs 65,060 crore in the revised estimate for FY22

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Shine Jacob Chennai
With a push for economic revival through infrastructure growth and financing, Finance Minister Nirmala Sitharaman provided for further spending on seven engines of growth -- roads, railways, airports, ports, mass transport, waterways, and logistics infrastructure through the PM Gati Shakti programme, a Rs 100-trillion plan for multi-modal connectivity.

However, it was the roads sector that got the lion's share of the allocation in the budget estimate for 2022-23 (FY23).

Investments in National Highways Authority of India (NHAI) were more than doubled to Rs 1.34 trillion, against Rs 65,060 crore in the revised estimate for FY22. Budget estimate for FY22 was Rs 57,350